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. fredricka. >> nick paton-walsh, thanks so much. this violence comes a few weeks after ukraine and russia and western countries reached a peace deal. now russia says the deal is dead. the spokes man for vladimir putin said the military movement is the last nail in the coffin. matthew chance is joining us from moscow. matthew, it is hard to tell what putin is doing to use the violence to push the deal out the window. what is happening here? >> reporter: actually, within the past few minutes, a statement issued by the foreign ministry which lavrov, the foreign minister said, look, the geneva agreement is the best way of deescalating the situation in eastern ukraine. a phone conversation with kerry and lavrov. he called on the united states to use everything within its power to get the authorities to end the military operations in eastern ukraine. this comes after the terrible deaths that took place in odessa. nearly 40 people killed. pro-russian supporters in a government building inside and torched by a pro-kiev supporters. that is not gone down well. the kremlin condemned the action. the
of unilateral energy supplies and gas delivery from russia. the transatlantic mentorship also offers great opportunities. we are duty bound to make global financial systems more resilient particularly in the g 20. we have made great headway. there are a number of areas where we still have considerable need for further reform. i am much interested in seeing regulation, bout on the shadow banking sector. we need to also do more on regulations where we see to it that any financial institution that gets into difficulties and irrespective of its size can actually be [inaudible] without taxpayer money. you have made enormous strides here and we have made some progress. this needs to be continued. all of these foreign and security policy challenges can only be mastered if we act together. the transatlantic partnership is and remains also in future the crucial key to peace, freedom, security, and prosperity for all of us. it is particularly in this year, 2014, that we are more than aware of this fact. 100 years after the beginning of the first world war, 75 years after the beginning of the second
ukrainian helicopters. coming up, we'll look at whether an all-out war between russia and ukraine is inevitable and how the markets and the west could respond to the increased tensions. >> and then he cancelled on us yesterday at the last minute with no reason given, but boxing champ floyd mayweather has promised to come back with us today, so will he step into the ring with us, and especially with sarah who boxes, by the way. >> i would never go up against lloyd. >> he'll tell us why he wants to buy the l.a. clippers from donald sterling who has been banned, as we know, for life, and mayweather says sterling is a friend of his so there's a good chance, really good chance for a good interview with floyd mayweather jr. coming up this hour. stay tuned. stay tuned. and guaranteed one-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and e-trade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fi
was surprised it doesn't hold earlier, but you think mart of the reason might be russia? >> i think the report, you know, on the face of it blew everybody away thinking, my god, what a great number, but underneath you have the geopolitical, but then you have this push, and the fact that it hit some resistance there, i think the buyers started to back away a bit, which tells us we're still stuck in this range, investors are thinking there's probably a pullback coming. >> what do you think, bob? >> this is a difficult day for the traders. you know you're in trouble when your best sources call you and ask you what's going on. i had traders calling up and saying what's happening here? what happened was, first, confusion about the jobs report as steve beautifully laid out. beautiful number, but the labor force participation rate muddles the picture. in the middle of the day, all of a sudden we saw the stock market moving down, gold moving up, most people attribute that to mr. putin calling for a security council meeting on the ukraine, that that would be a potential figure leaf for him to potential
in russia as the trading prices rumbles on and at the age of rocks once more cocoa powder and radicals are suspected to be behind the nation's charter shake up the supper of the nigerian capital nineteen people have been killed as a car bomb just makes you happy the traffic streets. i welcome today's please update your own food think adds to the ukrainian ministry helicopters had been shot dead during an assault near the rebel held town of the pm this friday to get the cars is confirmed two pilots died. it's the first major operation against progress in the sense that seized government building in a dozen cities across the eastern ukraine. bean pot the kremlin has an answer represents to the president who has been traveling to the eastern ukraine for negotiations. a spokesman on the stinky assault saying is that killed off the east west to beat the court. thompson has more on events. manning barricades on the outskirts of some don't. this all ukrainian national forces launched an operation to retake the eastern town from for russia medicines interior minister on some of the cult paste
. the catalyst, the increasing tensions of ukraine, russia calling for emergency u.n. security council meeting after pro-russian forces shot down two cr ukrainian helicopters. the gdl up about 1%, as well, carl. back over to you guys. >> thanks so much. >>> when we come back, if steve jobs were alive today, should he be in jail? that's the headline of the jim stewart column this weekend in "the new york times." stewart's here to talk about what he's written in a moment. but first, rick santelli watching the jobs number and other things today, rick. >> yeah. i'll tell you what. just getting arms around the jobs number and objective way to try to get on the same page as the market is a real job. but i will leave you with this. geopolitics is the new weather. what do i mean by that? you have to join me at the bottom of the hour. >>> european markets closing a moment ago. let's bring in simon hobbs. >> if you took a weighted average of europe down half of 1%. manufacturing data good today. the eurozone growing at the fastest pace in manufacturing for three months but the unemployment rate at 11.8%
a firsthand account of what's happening in ukraine. >> they are not taking orders from russia. they are not taking orders from ukraine. these are local people with uniforms and guns and they are doing things on their own. so when a deal is struck with ukraine and russia, it has no impact on the ground here. these residents are saying nobody is negotiating with us. so we are just protecting our own state. >> these photos were captured moments before she and her colleagues were detained and blindfolded by pro-russian separatists. lyall plans to stay and continue covering the crisis. >>> time now 6:10. a southern california wildfire burns over 1500 acres. coming up at 6:30, how mother nature is helping firefighters contain the flames. >> okay, everyone! here's a clue for you this morning. what is big and white and looks like it could be in a george lucas movie? "where's roberta?" as the news continues right here on kpix 5. >> sounds like me on a hot day at the beach. we are looking at some big changes coming our way. some heat relief is in sight. we'll talk about that coming up.
. >> and that puts chancellor merk merkelle in a tough spot as she goes to the russia to visit with pew tipp. she speaks russian, and he speaks german, so they will have no confusion. her visit may have a key role in what happens next in ukraine. and dan coats, senator from indiana is joining me now, and i know that you had dinner with the chancellor last night, and look, the president made it clear to me in a question that i gave him over the weekend in asia that the u.s. was not going to go it alone on the sectorial sanctions and that means that the person ratcheting it up is angela merkel and where is she? >> well, she is clearly the spokesperson and the leader of the european nations, and in the best positions to deal with vladimir putin. i highly respect her and her leadership, but we need to speak with one voice, the u.s., and the european naxs in getting russia's attention, and we talked about the lack of ability to have the current sanctions to move the ball. >> and does she acknowledge that the sanctions are not working? >> yes, it is clear that we have not changed putin's calculations i
conference from the rose gordon -- rose garden. you can watch that at bloomberg.com. russia will dominate their discussion. for more on that, we are back with mohamed el-erian and phil mattingly. has the crisis in ukraine helped heal a rift between the president and angela merkel? >> i think it has. administration officials feel repair thelped initial committee cases between the officials. since the ukraine crisis started in late february, the president angela merkel have spoken eight times by phone. they been closely aligned with every move on the sanctions side. g issue remains important to the germans. it will come up again. on ukraine, communications are on a good level. both recognize they cannot move forward on ukraine without the other. >> mohamed, you questioned recently where is the rule of law global politics. >> for good news is ukraine is bringing the west closer together. the bad news is it is a major test for the rule of law. days, the geneva agreements are dead. mr. putin continues to make requests on ukraine that are unrealistic. conditions on the ground in eastern ukraine
merkel are meeting at the white house today to put on a display of unit against russia. the two leaders will have a news conference this morning days after the u.s. and european union mosted new sanctions over russia over unis your gent into ukraine. >>> well, there is a winner in that is a cease style contest for the next space -- in the nasa style contest for the new uniforms to be used in the space suits for its next visit to the moon. nasa is concerned with more than just how it looks. nasa has redesigned it so it is easier to walk in. the new suit -- get this -- costs $4.5 million to develop. >> oh, my goodness. i like the way the model is standing. >> that is what you would look like! [ laughing ] >>> well, 4:48 is the time. sal, it is friday. we get a little silly. >> it is friday? >> already. can you believe it? >> it is may! >> it is good. and cooler which is even better. good morning. i don't want to steal steve's thunder. i will ask steve a question. be ready! but right now traffic on the bay bridge is moving along pretty well. about an 8 minute, maybe a little less th
, it is no surprise they are opposing sanctions against russia. the german corporate lobby is very strong. it is a very strong economic relationship between germany and russia. including former german chancellor, who is making a lot of money helping natural gas flow from russia to germany. no surprise. angela merkel is under pressure. host: one of the fundamental flaws of sanctions as a foreign-policy tool? guest: it is limited and a blunt instrument but also there is no other choice. not a lot of other alternatives. politics are flawed, too. germany is russia's's largest trading partner in the eu. they have more economic interest in the u.s. and its owing to be hard to pressure russia and a major way unless the europeans are willing to play. host: let me share what jack lew told members of congress when it came to sanctions and at russia and the wealthy individuals linked to president putin. [video clip] >> if you look at the impact on russia's economy, it is misleading to look at what happens day by day. you have to look over the period of time since russia went into crimea and since we
this morning that u.s. sanctions over ukraine are having a limited impact on russia as vladimir putin demand troops withdraw from part of the country. the russian ruble and stock market are actually stronger now than they were before the first wave of u.s. sanctions were announced. >> that's not really the idea. >> meanwhile, an operation is underway in eastern ukraine to reclaim the city controlled by pro-russian militants. gunfire and explosions could be heard as ukrainian forces claim they regained control of at least nine check points. the militants shot down two military helicopters. at least three people have been killed including a ukrainian pilot. separatists loyal to moscow are building barricades in an attempt to keep ukrainian forces away. it has been a violent week in the region with pro-russian militants seizing control of government buildings. yesterday the men overpowered to storm a building. they are fighting. >> they are fighting. you know it's not a good sign when vladimir putin tells you to withdraw troops from your own country. and the sanctions are having unfortunately l
on foreign policy. the new sanctions on russia, do you have any indication that they are having an effect. >> it's too soon to tell, but the president has been very deliberate, very measured. we've had a lot of engagement with our business community here, engaging their reaction to our sanctions and so far we have had their full support as well as, of course, importantly the support of our allies in the g- 7. >> want to ask you about an issue that has gripped america this week the nba scandal. do you think a $2.5 million fine and bap for life for donald sterling is punishment enough for what he said? >> well look, we support his decision. it's up to the nba and adam silver did a swift and thorough investigation and he reached a conclusion and we support his conclusion. >> do you think your fellow chicagoan oprah winfrey should bid for the clippers? >> i heard about that. i was excited to hear she was interested. seems to be a lot of buzz going on about that. >> sounds like you support the idea of him no longer owning the team though. >> i support the decision of adam silverman. i think wh
control much of eastern ukraine. and if there's any doubt mr. putin wants to return russia to its cold war grandeur, take a look at what happened at red square today. 100,000 people gathered for a massive may day rally. we haven't seen anything like this since the communist soviet union dissolved. cnn's matthew chance was there. >> reporter: well, the russian authorities say this is not meant to be any kind of soviet revival, but for the first time since 1991, tens of thousands of russians are parading through red square to commemorate may day. now, officially, this has been organized by russia's unions. the people here are students. they're factory workers. they're doctors and teachers. but it comes amid a growing sense of national pride in russia, particularly in the face of international sanctions and the events in yeah crane. ukraine. >> translator: well, maybe the young generation doesn't have the same pride that existed in soviet times, but we're trying to rebuild our traditions. >> reporter: given the tensions between russia and the west at the moment, are you concerned that the cou
the interim government's tenuous hold on power there. further escalation of tension with russia and unrest in the east. acting president says russian militants have won the east. and security forces were helpless to stop pro-russian separatists. >>> let's take a look at stocks to watch. cardinal heating, $1.01 a share profit. textron with first quarter profits of 31 cents a share. overall profit fell 24% as textron delivered few bell helicopter s and unmanned aircraft systems. yelp lost 4 cents. it sells more mobile ads. avon earned 12 cents a share in the first quarter, nine cents below expectations. revenue below. >>> coming up, we'll talk deals and corporate taxes with roger altman. i have a couple other ones i want to talk to you about. top of the hour, jim paulson and josh feinman. squawk coming right back after this. this. [ grunting ] i'm taking off, but, uh, don't worry. i'm gonna leave the tv on for you. and if anything happens, don't forget about the new xfinity my account app. you can troubleshoot technical issues here. if you make an appointment, you can check out the status he
tensions in ukraine threatening to come to a boil. russia's calling on kiev to halt militaryistic statements after ukraine's acting president declared his country's military was put on full combat readiness. ukraine's leader making a stunning acknowledgement wednesday saying pro-russian militants have taken control of much of the eastern chunk of ukraine. >>> in virginia, federal investigators are raising to find out what caused a train to jump its track in downtown lynchburg. several cars burst into flames. thousands of gallons of crude oil were dumped into the james river. clean-up crew rsz scrambling to contain the damage. some 50,000 gallons of oil are unaccounted for. thankfully no injuries were reported, but the incident has safety experts calling for greater oversight. >>> flight departures expected to be back to normal this morning. out west after a technical glitch for several airport toss ground the airplanes. f,aa sayses there was a malfunction at a radar center north of los angeles. it afri affected los angeles, phoenix, and salt lake city. no word of what it caused th
? >> then why was the e-mail titled benghazi, mr. carney. >> russiapushing back on sanctions saying that bear on a trampoline is now your own only ticket to space. wow. >> shepherd must be happy. >> mornings, according to everyone we talk to, are better with friends. >> welcome back to "fox & friends." >> gabe kaplan. i will miss those guys. >> what did they say? put a rubber hose up your nose?ç mr. carter! >> funny what people remember. >> that's horseshack. he passed away. >> anna kooiman in for elisabeth hasselbeck. she'll be back tomorrow. >> there was epstein, washington and barberino. >> you tune to a news channel for the news, and for that we turn to heather nauert. >> we've got breaking news from the south. parts of it we're talking about could be weather related. we begin with a fox news alert. there was a gas explosion and it hit a florida jail leaving two inmates dead this morning. more than 100 prisoners and corrections officers have been hurt. this happened in pensacola, florida. the explosion inside the jail central booking area caused part of it to collapse. no word on what c
from russia this morning. >> the amazing sun ra(indiscern is back. see what the stars had to say about it. >> in about 13 minutes we are going to be told to shut off our phones because the show will start. coming up in the show once we shut off our phones e-mails proving the white house had benghazi attacks on the video you won't believe the white house's response. it will drive you crazy. a teen suffers a seizure on a school bus. what does the driver do? nothing. wither going to hear from the outraged mom next. and president george w. bush. the 34rd president of the united states -- 43rd president of the united states takes his ride with wounded warriors. josh turner is here on the couch. he wrote this book. ill going to read it live to the crew. zoom out bring up the animation and i am going to read. >>> could new sanctions on the russian space agency over the crisis in ukraine scrub our ride to the space station? a russian official sounding off at aç press conference and on twitter telling nasa to take a hike. he says after analyzing the sanctions against our space industry, i sug
to the country's eastern border with russia. ukraine's acting president now says all his government can do is try to contain this violence, because in his words, police and security forces are helpless to stop it. senior international correspondent nick paton walsh is live for us this morning in slovyansk, ukraine. nick, the admission from the president seems to counter everything he's been saying for weeks about stopping these militants. >> reporter: well, to a degree, it's been admission of the reality on the ground that we've been seeing here. the ukrainian security forces have for over a week now said their anti-terror operation is under way here, but we've seen no real sign of it actually on the ground here, and the key question is do they actually have the will to complete what they've been set as a task? there's a checkpoint near where i'm standing, yesterday where for the second time in a week, ukrainian armored personnel carriers advanced in the morning but turned around with an exchange of fire. we don't know why. whether they were worried about casualties or perhaps a russian military
that you're doing. russia just add to the list of things that keep you up at night? >> well, it's certainly come on the radar screen lately. at this point hasn't had any impact on business. so we'll keep our fingers crossed. >> okay. now, one of the things i don't know that much about, i do watch kids surf because i think it's a great sport, okay. but i knew kelly slater and that's someone you had a relationship with and that relationship ended. i don't know why it ended and the press reports aren't that clear, but is this okay for you that this -- iconic figure is no longer connected with the company? >> athletes have always been important for quiksilver in particular of the three brands, but important in varying degrees for all the brands. we had a fabulous run for kelly for over 20 years. he indicated to us in the summer that at this point in his life what he really wanted to do was give back to his own brand boutique high-end brand. he's very environmentally conscious. he wanted something high-end and premier. and also environmentally aware. he wanted to do his own thing. and the timing
alert. >> translator: it's not a secret russia's still massing forces on the northern, eastern, southern border of ukrain and they are ready to invade our territory. >> reporter: in a shoaf support to ukrain and nervous u.s. allies in eastern europe, vice president biden announced the president will travel to poland in june. >> what russia needs to know, it cannot, and i believe they do know, have it both ways. if russia wants to benefit from the united states, it has to respect that order and abide by the rules. otherwise, it's going to face growing cost and growing isolation. >> reporter: still, the administration's response has so far underwhelmed republican lawmakers who introduced legislation today to send $100 million of direct military assi assistance to ukrain including anti-tank, anti-aircraft weapons and small arms and vastly expand current economic sanctions to include major banks, energy companies and arms suppliers in russia. >> we're not accusing the administration of doing nothing. we're saying nothing they are doing is in any way a break on putin's behavior and for us to
in north america, though 25% of our business is outside north america, europe, russia. >> and there are listed companies in the s&p 500, you know, are headquartered overseas and have roughly the proportion of business you guys do and they are getting a better rate than you are. >> sure. well, look, we -- we look at all the options all the time. we've talked about that with our board. you know, we're focused on what we can do right now. we wouldn't have that opportunity to exist today. how can we improve earnings and cash flow with the portfolio that we have? >> john faraci, chairman and ceo of international paper. >> thank you. >> thank you. >> yeah. on a nice beat relative to the street today for their earnings. he tied for third place on cnbc's list of the 25 most influential people in business over the last 25 years, so what does former fed chair alan greenspan say his greatest achievement is, and what's his greatest regret from his time at the fed? he'll join us next in an exclusive interview. >> and is the market really rigged, as author michael lewis claimed in h
sanctions in place against russia no end is in sight. are these sanctions really working? we'll talk about that next. and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief, and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where certain fungal infections are common. tell your doctor if you have had tb, hepatitis b, are prone to infections, or have symptoms such as fever, fatigue, cough, or sores. you should not s
come in from russia over the next period of time. >> that's, i mean, something people look at. they look at energy is what jack welch was talking about yesterday, you think finance is going to be an area of strong growth? >> i think finance is at the root of everything that happens. so i think it has top. the economy will be good. i think it has to be good. i think energy, when you see a pipeline thing that makes sense, put it off until after an election. >> is this on purpose? i wasn't listening. now you say that. isn't that just. >> it doesn't make any sense. i mean, then you have to wait until the next election and the next election. >> every two years, unfortunately. >> the stuff is going to go some place else. it's obviously a safer way to transport that kind of oil. why not become an exporter of it? >> we talk about this often on camera before. who did you support, two elections ago for president? >> oh, boy. >> you supported barak obama. you didn't the last time around, why? >> pardon me? >> why? >> i didn't think he did a good job. >> the thing that bothers you the mos
of motherhood as she set out to adopt a daughter from russia. but soon thereafter, our next guest discovered her daughter, julia, suffered from rad, reactive attachment disorder. it's a condition that affects thousands of orphans all across the globe due to abeen donement and neglect, among other things. that mom now sharing her story of her family and their ups and downs in the new book "rescuing julia twice." tina joins us live. good morning to you. >> good morning. >> you rescued her twice. the first time was? >> eight months old, siberian orphanage. got her on valentine's day, middle of the winters in siberia. and she was a beautiful baby. >> and you rescued her the second time when you realized something is the matters with my child and i got to figure out what it is. >> that's right. that's right. more importantly was we rescued her from herself. we rescued her from a dark place, a place where she was incapable of bonding and attaching and feeling the benefit of love. >> that's referred to as rad. >> it's a condition that is typically affiliated with children who have been neglected or abu
they were awarded we thought no problem. >> just like russia's putin that went smoothly. >>> and mr. halperin, the play on veep i'm sure you heard that mr. allen. let's talk business. harry reid said democrats are holding talks about a vote to prove the keystone pipeline. is that actually going to happen? >> they're actually going to have a vote. and this is a real surprise. it's a sign of how worried democrats are about the senate. yesterday, i was out at the milken conference in los angeles, did a poll, including a lot of democrats, asking them what they thought the chances were republicans could take every 0 the senate. nate silver said around 60%. dave leonhart said around 61%. the democrats i talked to said it's more like 60%. they are worried about a republican senate. so you have harry reid saying he might take a vote on approving the keystone pipeline. what's not determined is, will this be something that's binding will this be more a sense of the senate, as they call it. but the key fact, 11 senate democrats have signed a letter to president obama saying they want him to ap
russia are doing nothing to stem the violence there. nick is live in ukraine this morning. nick, it really does seem the crisis there is escalating this morning. >> reporter: well, certainly. just this morning, a town that has been unrest, the police station being seized. the chairman of the opposition, the people's republic saying we will move against the people if police are not on our side. to the east of where i'm standing, important to understand the geography here. most of the unrest is happening. a lot of key buildings overtaken, well coordinating. the tv station, fighting near the police station, too. that is very much in the hands of protesters. it's important because it's between where i am and the russian border. a linked up geography of this heading toward russian territory. many wondering what happens next. reports we can't confirm with our own eyes. i spoke to a militant. he says ukraine is moving towards them last night. no signs of injuries at this point. a very tense moment on the ground here. despite ukrainian president saying the security forces in the east ar
concern about things like macro issues, for example, oil prices and the problems with russia and ukraine that would keep us still trying to keep a portfolio of bonds just in case. >> and we see utilities doing phenomenally, what do you think about utilities? is that still a good place to park your money? >> i tell you utilities are doing great, they beat most hedge funds in the market. utilities are still a good place to be. they may be for the classic widows and orphan's portfolio but they have still had a robust group. >> thank you for coming by. >>> well, mixed news in housing to tell you about. the commerce department says that home ownership in the u.s. fell during the first quarter of the year to just 65%. that is the lowest level overall in nearly two decades, part of the problem, home prices are too high for many would-be buyers, especially for first timers. just today, the home price index for february reported a 12% increase in prices in the nation's biggest cities year over year. but prices barely budgeted from prior months. >>> and people who helped to guide the interest rate
kind of exogenous event, could be something as simple as russia ukraine becoming more difficult. >> okay. >> don't know. something out of the ordinary. >> i wondered if you were going to say growth is disappointing and perhaps won't get the growth the market assumed. if you look at what's happening in the market you have strong rotation. we've spoken many times about the high flying tech stocks, biotech, social media, that have lost a huge amount of value but you see weakness in housing. in financials. economically sensitive areas, the utility index is pushing up towards an all-time high. what do you do with that rotation? do you follow through? >> well, we look at the individual companies and their own valuations. so we think that some of the high flyers, which have come down, are still at fairly lofty valuations and hard to justify. we contrast that with other old technology dinosaurs like microsoft, cisco, hewlett-packard, where their actual results have been quite good and their valuations are very attractive. so we wouldn't necessarily look at the rotation in a kind of a se
sanctions against russia, an investigation into corruption gets under way. the opulent home filled with suits of armor. there was a golf course on the outside. dozens of antique cars and a massive riverboat and more. >> reporter: when ukraine comes to terms with the troubled economy and asks where did all of the money go? here is part of the answer. the president's own vodka. >> today the u.s. attorney general will participate in a forum in britain to help identify, trace and recover proceeds of corruption stolen by the former ukrainian regime. an interesting exercise since the guy who used to live in that palace is now protected in russia. matthew chance joins us from washington. what are the russians saying about this? >> reporter: there's been no official reaction of course to this. you're right the ousted former president of ukraine does indeed live somewhere in the moscow region. you know what? i think many russians see this exercise, however valiant it is, as being something of double standards. yes, okay. it may be worthy to look for the stolen assets of this regime but will
trip to asia. he took on his critics over hotspots like russia and syria, while saying his cautious avoids mistakes. what you think of his administration's foreign-policy today? you can also send us a tweet. comments on facebook and e-mail. we will get your thoughts in just a minute. " pieceshington post starts off by saying this. here's what the president had to say. >> typically, criticism of our foreign-policy has been directed at the failure to use military force. the question i think i would have is, why is it that everybody is so eager to use military force? after we have just gone through a decade of war at enormous troops and to our budget? exactly that these critics think would have been accomplished? my job as commander-in-chief is to deploy military force as a last resort, and to deploy it wisely. frankly, most of the foreign-policy commentator set ed our policies would go headlong into a bunch of military adventures at the american people have no interest in participating in and would not advance our core security interests. if you look at syria, for example, our interes
near a seven-year high, despite what's going on in ukraine. the cac current is up 0.4%. in russia, up 1.2% as well. more on that in a second. earnings higher today. nokia leading the european indices after unveiling plans to return more than $3 billion to shareholders in buy backs and extra dividends. the stock today up nearly 8%. this is despite a slip in the company's first quarter revenue. although investors also appear to be welcoming the firm's new ceo. good moves higher from deutsche bank, up 2.6%. it also announced a bond issue to increase the strength of its balance sheet. no news about a capital hike. we did get more announcements today on the methodology for the european banking association's stress test which are coming out for the eu today. it will include fx an a spike higher in sovereign bond yield as well. we're focused on bp, the stock up not quite a percent in london. the oil giant saying earnings at its russian partner, rosneft, have been hit by a weaker ruble. that firm's ceo has been hit by u.s. sanctions. talking about the sanctions being announced by the u.s. and t
is weaker. everybody knows it. china is only the move. russia is on the move. and the middle east, all these dreams that we had of an arab spring turned out to crush religious minorities, crush christians, still have the textbooks in muslim countries that say jews are pigs and are defiling the world. so that's all continuing under the obama administration. so we're weaker and that's my real concern. one comment, it's a stupid and horrible comment, but the policies are the problem. >> i think it's so true because you can't debate a policy if there is no one to debate. we've taken our hands off the wheel. what do you think, mom? >> right. that goes right to hillary, too. >> let's talk about domestic politics and a woman that a lot of people are saying is a liberal's liberal. the senator out of massachusetts, senator elizabeth warren. her book has become a best seller because she's taken on the rich, on the capitalism. she says it's rigged. she says it and said it also on the daley show. >> that's what's fundamentally changed. it's tough out there. it really is a rigged game and it's set
round of sanctions against putin in russia. it's just been woefully inadequate. >> i think he had an incredible response to that criticism which we will air as well. >> i'm sure it was incredible. i can't wait. >> i'm sure you want to bomb everybody. you complain about war and then bomb everybody. please. >> if you're going to put sanctions in place, you would hope that after you put sanctions in place, the russian stock market doesn't go up. and the ruble doesn't go up on news of the tough sanctions. but we'll talk about that later. let's talk about the nba right now. >> later today the commissioner of the nba will weigh in on the alleged racist rant by l.a. clippers owner donald sterling four days after tmz first released the tapes. several sponsors already making their judgments. suspending or reviewing their deals with the clippers. some of the top brands includes virgin america, kia, state farm, samsung. the tapes capture sterling allegedly scolding his mistress for bringing african-americans to the games and posting photos of them on her instagram account. >> look at those t
happening as the u.s. announces brand new sanctions against russia. we're live on the ground in ukraine with the very latest on this. sea captain: there's a narratorstorm cominhe storm narrator: that whipped through the turbine which poured... surplus energy into the plant which generously lowered its price and tipped off the house which used all that energy to stay warm through the storm. chipmunk: there's a bad storm comin! narrator: the internet of everything is changing how energy works. is your network ready?" a man who doesn't stand still. but jim has afib, atrial fibrillation, an irregular heartbeat not caused by a heart valve problem. that puts jim at a greater risk of stroke. for years, jim's medicine tied him to a monthly trip to the clinic to get his blood tested. but now, with once-a-day xarelto jim's on the move. jim's doctor recommended xarelto. like warfarin, xarelto is proven effective to reduce afib-related stroke risk. but xarelto is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem that doesn't require
cranks up the sanctions against russia, but i'm talking to a man who says america could kick in with military help for ukraine too. also oil and america's nay fwor the north. i'm looking at the controversy. plus there's a good chance your cable just changed. i'll have more on the wheeling and dealing. i'm ali velshi in los angeles, and this is "real money"
russia for its role in the crisis in ukraine.
, let's go to my radio co-host, carol massar. carol. >> thanks, pimm. sanctions against russia because of its actions. the sanctions target individuals and companies in the inner circle of vladimir putin. andncludes travel bans asset freezes. and increasing dividends and buybacks, bank of america says it made a decision after finding an error in its stress test. which was submitted to the federal reserve. and general electric may find some competition. siemens could make an offer if they get access to the same financial information as ge did. this is from sources familiar. that is a headline this hour. >> thank you. let's go to the milken global conference taking place in los angeles. bloomberg's erik schatzker and stephanie ruhle have been speaking with the guests all day, and currently, they are with the governor of colorado. erik? stephanie? pimm, thank you so much. we are, again, with governor john hickenlooper. here in beautiful beverly hills. >> glad to be here. >> colorado has fascinated the area for many reasons, but recently, the nation's fascination is with marijuana. >> a qu
. new sanctions against russia because of its actions. the sanctions target individuals and companies in the inner circle of vladimir putin. measures includes bans of visas and assets restrictions. and increasing dividends and buybacks, bank of america says it made a decision after finding an error in its stress test. and general electric may find some competition. siemens could make an offer if they get access to the same financial information as ge did. this is from sources familiar. that is a headline this hour. >> thank you. let's go to the milken global conference taking place in los angeles. bloomberg's erik schatzker and stephanie ruhle have been speaking with the guests all day, and currently, they are with the governor of colorado. >> thank you so much. we are, again, with governor john hickenlooper. >> glad to be here. >> colorado has fascinated the area for many reasons, but recently, the nation's fascination is with marijuana. >> it's true, a question we get all of the time. >> i can imagine. it would appear from where we sit and from where others sit that the experiment,
will puck up and now we have this continued text between russia and the ukraine weighing on investor minds and between now and year end data is going to accelerate and looking at russia we hope that the situation there will de-escalate. >> jim, this goes back to a point of how you made a point that your own research said pretty much everybody surveyed, you think you talked to five dozen guys on the street, every single person expects rates to go hour and that's been the case for months here as rates have consistently not going higher. >> 67 economists were surveyed at the beginning of april. look, everybody wants to buy a message. just short the bond market because everybody is concerned it's going up in price and down in yield. >> would you really? >> no, i think therein lies the problem. the pride has already happened. what do people say when they are all bearish? already sold. no more selling left, and that's why yields are not going lower anymore and all the talk of economic growth and everything else is not getting a rise in yield because that trade has already occurred. >> how doik a
are a blackstone group and one of the things we talked about was russia. impossible not to talk about russia. steve sits on an international advisory panel. that is a position he still holds. i want you to hear steve schwarzman talking about the rifts in russia and how he plans to respond. >> i think in the short term, other than if you are a market operator, which we are not, we buy assets on a longer-term basis as a rule in most of our businesses. it is time to watch. this can have a variety of from going back to business as usual or lurching off into some other direction. to make markets to make money. who is on the other side of the market? steve tannenbaum. at where gasu look is straining in the 400, and is -- in the risks, it steve tannenbaum said it is a 10 so it is a great value. it echoes what howard mark said to us last week. if you want to be an outstanding investor you cannot be part of the pack. you have to have strong convictionsto do -- and be willing to do what others .ren't willing to >> people have to look around the stock market so they are poking around in credits and finding or
and the calibrated effort to change russia's behavior. were not know whether tinwork and that's why the knicks face is in fact a further russian aggression against the rest, that could beenh santions. 912 are now will be back with more of a couple of minutes as were about to hit a he waved in the bay area us to cut look right now live at the sunshine walnut creek and the bridge condition, terror is not all that warm yet were expecting the heat to reform on tuesday and wednesday will be right back. san jose agenda of all the way to san jose here like this ride 30 minute drive times reported right now all the way into north on the bayshore freeway. try this a different way. still backed up on 680 and the soft on direction of away from the dublin interchange down to premount . modesto's on the ride on 580 was wrong. the minutes freeway and then touch the interchange back up into oakland and the seashore freeway all the way down to the macarthur mace is a live look at traffic on the interstate 80. it's coming down from albany at the 58080 merit. the miyazawa said that the slow traffic at the bay bridge
their defense capability. president obama also announced new sanctions against russia because of the continuing crisis in ukraine. >> these sanctions represent the next stage in a calibrated effort to change russia's behavior. we don't yet know whether it will work. >> now, just a couple of hours ago, the white house released information on these actions which include, sanctions on seven russian government officials and freezing the assets of 17 russian companies. >>> new information about the deadly ferry boat tragedy in south korea. now we're learning that three members of a shipping industry trade group may have destroyed evidence connecting it to the company that operates the ferry. those people have now been arrested. this is also new video showing the ship's captaining being rescued on the first day of the disaster. a kawg officer did not know at -- coast guard officer did not know it was the captain he was rescuing. >>> this video shows some of the searchers ears underway search for that ferry that sank. so far, 188 bodies have been recovered. 114 are still missing. >>> south korea's pri
it. >> thank you. >> thank you. >>> and president obama trying to rein in russia with more sanctions as accusations fly. we will come back and talk to a representative from ukraine can about how to handle this situation. >>> and the heels are off, and the glove s as are on, and tryio get back into the political ring in aiowa, but does the former veep candidate pack a punch? >>. >>> it is time for the "your business entrepreneur of the week." this man left his business to start a business to create spectacular art. his creations can be seen from las vegas to a mall in dubai. for more "your business" join us 7:30 sunday mornings. new business owner, it would be one thing i've learned is my philosophy is real simple american express open forum is an on-line community, that helps our members connect and share ideas to make smart business decisions. if you mess up, fess up. be your partners best partner. we built it for our members, but it's open for everyone. there's not one way to do something. no details too small. american express open forum. this is what membership is. this is what m
against russia. they will target specific companies and individuals. we have had some of this before. this will go a little further according to the administration. chief correspondent ed henry is in the philippines. critics are saying these sanctions don't have the teeth they think are required. tell us about the reaction. reporter: that's right. these targets, seven russian government officials, 17 russian companies that have ties to vladimir putin. so-called cronies of the russian president. a news conference here today, president obama said these sanctions do not target putin personally, necessarily, but that the goal instead is to change putin's calculus there on the ground in ukraine. but as you noted, republican critics like bob corker saying the president has been doubling here, and it may simply be too late to force putin's hand. >> what i fear is all we're doing is tweaking, folks. i am very concerned what we've seen from the administration on so many tough issues their policies are always late after the point in time we could have made a difference in the outcome. reporter
against russia because of the ongoing problems in ukraine. >> this is a calibrated effort to change russia's behavior and we don't know yet whether it will help -- >> president barack obama said the targets of the new stuff will be planned later today. >>> and even though some of the bullets and missiles could be used according to a government report it was obtained today the report said they need to improve the way they manage ammunition. the army navy and airports don't have an efficient process for something as basic as sharing bullets. they need to elevate it and will make it a priority in the future. >> we have knew information -- new information about a baby bear think said to pam, look, he is the one who dropped off this bear cub on april 16th. found the bear hugging ir's dead mother and when the bear arrived, he was only 10 weeks old and weighed 5.5 pounds. wildlife is getting ready to release its bear cub back out to the wild and that's what you can wake up to monday morning. you can't have him. >> see those clause. >> you -- clauses, you can't have one. >> 547 is the time, let's
many are trading with russia. 40% of russian traders trade with europe. so if we move this to russia, russia will retal -- >> we live in the neighborhood, the global neighborhood. and that's why this decision is so hard because what is clear politically is not consistent economically. all right. we are going to take a break, and when we come back, i want to ask you about -- will you say new normal for me? >> new normal. the boys from pepco think they are still there, and am i reading this? go back down. >> we'll take a quick break. when we come back, we'll have much more from muhammad alerian. much more right after the break. ♪ "first day of my life" by bright eyes ♪ you're not just looking for a house. you're looking for a place for your life to happen. ♪ >>> game of thrones continues. doesn't that sound like -- what is that? >> rome? >> the guy at the beginning, sounds just like him. do you watch? >> i do. >> at the beginning, all the things moving around. we'll go back to our special guest, former pimco cio and the chief economic adviser and member of the international execu
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